Vertex Pharmaceuticals, Inc. (NASDAQ:VRTX)
CAPS Rating:
The Company is in the business of discovering, developing and commercializing small molecule drugs for the treatment of serious diseases.
The Company is in the business of discovering, developing and commercializing small molecule drugs for the treatment of serious diseases.
Recs
This is an all or none play on their phase III Hepatitis protease inhibitor therapy - Telaprevir. If this drug comes close to expectations VRTX at below $20 is a bargain. Yes, this company has other promising drugs in the pipeline; however the value of those products is offset by the risk of competition and a fickle FDA. Therefore I focus almost exclusively on the flagship Telaprevir for success or failure of VRTX's market cap.